Community Investment Campaign
Hudson Grocery Co-op is raising the funds necessary to improve the store’s energy efficiency, replace aging equipment and provide more options to our shoppers. We currently estimate that the total amount needed is $220,000. We hope to raise $120,000 in Notes and $100,000 in Shares in this Offering but may raise more or less. The more capital we raise through our Owners and the community through this Offering, the less we need to rely on outside lenders, further strengthening our financial projections. Any funds raised beyond the needed amount for this project will be used first to pay off short term term and then high interest long term debt.
Part of the co-op difference is our unique ability to raise funds through our strongest supporters: our co-op owners! We have a variety of ways you can financially support Hudson Grocery Co-op. Your investment provides Hudson Grocery Co-op the capital to successfully execute this transformation and put our cooperatively-owned grocery store on a solid financial foundation.
What is the Community Investment Campaign?
The Community Investment Campaign provides the opportunity to invest in our community-owned grocery store and in our shared values through preferred share purchases, interest-paying loans, and donations.
Who Can Participate?
All co-op owners who reside in Wisconsin or Minnesota and are 18 years of age or older can invest in preferred shares or owner loans.
What Will Our Investments Do?
Owner investments will fund our store and our mission. And unlike Wall Street investments, our investments will make an immediate and meaningful impact right here in our community: supporting hardworking local farmers, increasing healthy food access for all, and sustaining our vibrant local economy.
Our Co-op, Our Community
Why invest in your co-op? Preferred share purchases and owner loans reduce our traditional debt risk and ensure that dividend and interest payments go back to you, our community, instead of to some far-off corporation. It’s all part of our mission to build a thriving local community, economy, and cooperative.
In the end, it’s about our community, our families’ food, and our values. What could be more important?